An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in economic development financing, providing for Keystone National Finance Authority.

Summary

The bill adds a new chapter to Pennsylvania law establishing the Keystone National Finance Authority, a public instrumentality that can issue bonds and provide financing for projects that create jobs, revitalize blighted sites, and support infrastructure. It applies to developers, municipalities, and other borrowers who need capital for industrial, commercial, residential, or mixed‑use projects. The measure aims to boost employment and community health by expanding financing options.

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